Caruso Family Charities is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWOOD, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $478K. Net investment income was $34K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+33.3% YoY
Annual Giving
$478K
-13.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$478K
-13.8% YoY
Under IRS private-foundation payout rules, Caruso Family Charities reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.
About Caruso Family Charities
Based on IRS filings
Caruso Family Charities is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWOOD, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $478K. Net investment income was $34K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,403,953 | $1,052,937 | $1,033,061 |
| Revenue | $1,385,056 | $821,370 | $1,234,973 |
| Expenses | $1,075,576 | $868,493 | $974,438 |
| Qualifying Distributions | $595,654 | $669,892 | $487,384 |
| Net Investment Income | $33,846 | $29,020 | $12,417 |
| Distributable Amount | $57,196 | $46,475 | $43,296 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Various ($478,098).
| Recipient | Purpose | Amount |
|---|---|---|
| VARIOUS LAKEWOOD, CO | GENERAL | $478,098 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GERARD CARUSO | EXECUTIVE DI | — | — |
| ANDREA CARUSO | COO | 40 | $65,536 |
| FRANK DEANGELIS | DIRECTOR | — | — |
| MATT BALDNER | TREASURER | — | — |
| PAT KEELAN | DIRECTOR | — | — |
| RAY BAKER | DIRECTOR | — | — |
| THOMAS SMITH MD | DIRECTOR | — | — |
| BEN MAXWELL | PRESIDENT | — | — |
| KELLY MURPHY | DIRECTOR | — | — |
| CONNOR MCKEOWN | VICE PRESIDE | — | — |
| ROBERT CASEY PHD | DIRECTOR | — | — |
| KELLY DRAKE | SECRETARY | — | — |
| JOHN MCWILLIAMS | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Caruso Family Charities?
Caruso Family Charities is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWOOD, CO. It holds $1.4M in total assets as of 2024.
How large is Caruso Family Charities?
As of 2024, Caruso Family Charities holds $1.4M in total assets with $1.4M in annual revenue. It awarded 1 grants totaling $478K in 2024.
Where does Caruso Family Charities operate?
Caruso Family Charities has awarded grants in Colorado.
What size grants does Caruso Family Charities award?
In 2024, Caruso Family Charities awarded 1 grants totaling $478K — an average of about $478K per grant, based on its IRS Form 990 filings.
How much is Caruso Family Charities required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Caruso Family Charities reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Caruso Family Charities's EIN?
Caruso Family Charities's EIN (Employer Identification Number) is 20-5904999. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Caruso Family Charities's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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